5301.251
Memorandum of lease recording.

In lieu of the recording of a lease, there may be recorded a
memorandum of that lease, executed and acknowledged in accordance with section
5301.01 of the Revised Code. The
memorandum of lease shall contain the names of the lessor and the lessee and
their addresses as set forth in the lease, a reference to the lease with its
date of execution, a description of the leased premises with such certainty as
to identify the property, including the reference provided for in section
5301.011 of the Revised Code, the
term of the lease, together with any rights of renewal or extension of the
lease, and the date of commencement of the term or the manner of determining
the commencement of the term as set forth in the lease.

A memorandum of lease that is entitled to be so recorded also
may set forth any other provisions contained in the lease, or the substance of
those provisions, and shall be constructive notice of only that information
contained in the memorandum.

Sections
317.08, 5301.251, and
5301.33 of the Revised Code shall
not be construed to affect the enforceability, validity, or legal effect of
instruments recorded in those lease records prior to August 9, 1963.